Tesla recalls cars because of overheating adapter

Published 11:59 AM ET Tue, 14 Jan 2014
CNBC.com

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Source: Tesla Motors

Tesla Model S

Tesla is recalling up to 29,000 of its cars due to an issue with a charging adapter. The company said it will mail owners a replacement adapter with an internal fuse and issue a software update to fix the problem.

The adapter could risk overheating, causing "problems including melted adapters and, in a worst-case scenario, fire," the company said in a letter to the National Highway Traffic Safety Administration on January 12.

The company's stock is actually up after issuing sales figures for the fourth quarter, with deliveries 20% above guidance.